GfK Consumer Confidence

The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a high reading is positive for the GBP, while a low reading is bearish.

Most recent - Friday 13 December 2024 00:01

Previous
-18
Forecast
-18
Actual
-17

Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Next event - Friday 24 January 2025 00:01

Previous
-
Forecast
-
Actual
-

The typical/expected impact on GBP pairs is medium.

There is no forecast value for GfK Consumer Confidence yet - check back for updates.

Trading range

Forecast history

The most recent announced value for GfK Consumer Confidence was -17 against a forecast of -18.

Past events

Date
Forecast
Actual
Friday 13 December 2024 00:01
-18
-17
Friday 22 November 2024 00:01
-22
-18
Thursday 24 October 2024 23:01
-21
-21
Thursday 19 September 2024 23:01
-13
-20
Thursday 22 August 2024 23:01
-12
-13
Thursday 18 July 2024 23:01
-12
-13
Thursday 20 June 2024 23:01
-16
-14
Thursday 23 May 2024 23:01
-18
-17
Thursday 25 April 2024 23:01
-20
-19
Friday 22 March 2024 00:01
-19
-21
Friday 23 February 2024 00:01
-18
-21
Friday 26 January 2024 00:01
-21
-19
Friday 15 December 2023 00:01
-22
-22
Friday 24 November 2023 00:01
-28
-24
Thursday 19 October 2023 23:01
-20
-30
Thursday 21 September 2023 23:01
-27
-21
Thursday 24 August 2023 23:01
-29
-25
Thursday 20 July 2023 23:01
-26
-30
Thursday 22 June 2023 23:01
-26
-24
Thursday 18 May 2023 23:01
-27
-27
Thursday 20 April 2023 23:01
-35
-30
Friday 24 March 2023 00:01
-36
-36
Friday 24 February 2023 00:01
-43
-38
Friday 20 January 2023 00:01
-40
-45
Friday 16 December 2022 00:01
-43
-42
Friday 18 November 2022 00:01
-
-44
Thursday 20 October 2022 23:01
-52
-47
Thursday 22 September 2022 23:01
-42
-49
Thursday 18 August 2022 23:01
-42
-44
Thursday 21 July 2022 23:01
-42
-41
Thursday 23 June 2022 23:01
-41
-41
Thursday 19 May 2022 23:01
-39
-40
Thursday 21 April 2022 23:01
-33
-38
Friday 25 March 2022 00:01
-30
-31
Friday 25 February 2022 00:01
-18
-26
Friday 21 January 2022 00:01
-15
-19

Economic context

Recent economic data has been broadly neutral for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:

PreviousLatest
Retail Sales (MoM)Bullish change-0.7%0.2%
Retail Sales (YoY)Bearish change2%0.5%
Retail Sales ex-Fuel (MoM)Bullish change-0.9%0.3%
Retail Sales ex-Fuel (YoY)Bearish change1.6%0.1%
BoE MPC Vote Rate CutBullish change83
BoE MPC Vote Rate Hike(no change)00
Consumer Price Index (MoM)Bearish change0.6%0.1%
Consumer Price Index (YoY)Bullish change2.3%2.6%
Core Consumer Price Index (YoY)Bullish change3.3%3.5%
PPI Core Output (MoM) n.s.aBearish change0.2%0%
PPI Core Output (YoY) n.s.a (no change)1.6%1.6%
Producer Price Index - Output (MoM) n.s.aBullish change-0.1%0.3%
Producer Price Index - Output (YoY) n.s.aBullish change-0.9%-0.6%
Retail Price Index (MoM)Bearish change0.5%0.1%
Retail Price Index (YoY)Bullish change3.4%3.6%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change4.9%5.2%
Average Earnings Including Bonus (3Mo/Yr)Bullish change4.4%5.2%
Claimant Count ChangeBearish change-10.9K0.3K
Claimant Count Rate(no change)4.6%4.6%
Employment Change (3M)Bearish change253K173K
ILO Unemployment Rate (3M)(no change)4.3%4.3%
S&P Global/CIPS Composite PMI(no change)50.550.5
S&P Global/CIPS Manufacturing PMIBearish change4847.3
S&P Global/CIPS Services PMIBullish change50.851.4
Consumer Inflation ExpectationsBullish change2.7%3%
Gross Domestic Product (MoM)(no change)-0.1%-0.1%
Industrial Production (MoM)Bearish change-0.5%-0.6%
Manufacturing Production (MoM)Bullish change-1%-0.6%

About GfK Consumer Confidence

Country:United Kingdom
Currency:GBP
Source:Growth from Knowledge
Category:Consumption
Frequency:Monthly
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